ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering - Crime

ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering - Crime - Nairaland

Nairaland Forum › Nairaland General › Crime › ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering (4480 Views)

Poll: Are the EFCC and ICPC really fighting corruption or they are just tools for fighting Opposition ?

They are tools for fighting Opposition 40% (52 votes)

They are truly fighting Corruption 28% (37 votes)

I am not really sure what they stand for 14% (19 votes)

They are only good in going after Yahoo Boys 15% (20 votes)

This poll has ended

1 Reply (Go Down)

ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by SlavaUkraini(op): 5:03am On Jan 14

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Amadu Sule, managing director of TMDK Terminal Limited, over alleged N311 billion money laundering.

Sule, an associate of Nasir el-Rufai, former governor of Kaduna, was arraigned on Monday at the federal high court in Kaduna on a five-count charge bordering on money laundering and unlawful retention of proceeds of fraud.

In the charge sheet, ICPC alleged that Sule controlled more than N311 billion traced to accounts maintained with Fidelity Bank Plc, Stanbic IBTC Bank Plc, and Providus Bank Limited.

The anti-graft agency said the funds were received from INT Towers Limited, IHS Nigeria Limited, IHS Towers NG Limited, and Boaz Commodities Limited purportedly as payments for the supply of petroleum products.

The ICPC said Sule reasonably ought to have known that the funds constituted proceeds of unlawful activities.

The commission alleged that the defendant, in connivance with TMDK Terminal Limited, unlawfully retained tax components arising from the disputed transactions despite allegedly being aware that the dealings were fraudulent.

According to ICPC, the retention of illicit proceeds attracts enhanced penalties under sections 18(3) and 18(4) of the Money Laundering (Prevention and Prohibition) Act, 2022.

The court adjourned the matter to January 15 for hearing in the defendant’s bail application.

Sule is not the first ally of the former governor of Kaduna, who has been arraigned by ICPC.

In January 2025, the agency arraigned Jimi Lawal, an ex-aide to el-Rufai, over alleged fraud and money laundering.

https://www.thecable.ng/icpc-arraigns-el-rufais-associate-amadu-sule-over-n311bn-money-laundering/

9 Likes 1 Share

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by VisionCommand: 6:24am On Jan 14

Why do we continue to go in this direction?

3 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Dandsome: 6:24am On Jan 14

Story for the gods.

Are you sure this is not witch hunting?

I'm yet to see where they hunting any serious current member of the ruling party that is from the north.

Or are they all innocent?

Seems truly, once you join the ruling party, your sins are washed away. Who knows

8 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by autoez: 6:25am On Jan 14

Tooo much stolen money in the hands of many individuals.

3 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by SpaceX: 6:25am On Jan 14

Nigeria is a dead country, no way out

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by nony43(m): 6:26am On Jan 14

The kind of money laundering that happened under Mr integrity Buhari’s 8 years is shocking. And remember Tinubu said he will continue from where he stopped. Tinubu is your Minister of Petroleum same as Buhari.

6 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Willy2025: 6:27am On Jan 14

They are getting there. Obviously, Nasir El Rufai is the target. This is just a preamble. No wonder he has been usually silent these days. All these ones are just to build up an extreme case against him. They will go after him very soon.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by morikee: 6:28am On Jan 14

Political witch hunting grin

why cutting across corner just go after the big fish

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by IronCondemned: 6:28am On Jan 14

Nigeria is over rich, even with the massive looting of public funds, yet we still have money.

Imagine if there was zero looting and all these money channeled and utilised for what it is meant for, Malaysia and Indonesia would have been a village compared to Nigeria.

I weep for this country.

5 Likes 1 Share

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Ezmans: 6:35am On Jan 14

VisionCommand:
Why do we continue to go in this direction?

because our law is made for the poor

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Yankee101: 6:36am On Jan 14

Elrufai too should be invited to explain if it’s his own or not

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Gotocourt: 6:42am On Jan 14

Ex Governor Nasir Elrufai has told Tinubu that rigging won't be tolerated grin

,
Emilokan, we're waiting for you at the polls 🤷🏿

3 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by DMCY: 6:49am On Jan 14

SlavaUkraini:
https://www.thecable.ng/icpc-arraigns-el-rufais-associate-amadu-sule-over-n311bn-money-laundering/

Omo! I pity us in this country o, until death by hanging or firing squad is implemented, we will continue this way.

Look at that ridiculous amount of money been stolen, as we’re discussing some are stealing right now and don’t give a hoot about the rest of us…

But who will now put death by hanging or firing squad for these politifians into law?

2 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by dalongjnr: 6:49am On Jan 14

How much is his salary? How did he made and managed over 300 billion naira? Who's he serving as a front to?

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by AMINDA: 6:49am On Jan 14

Click baiting. Was Elrufai linked to the case in any shape or form? APC still doesn't have a pin to lay on Elrufai so they keep going through corners. Elrufai's records remain squeaky clean.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by AMINDA: 6:52am On Jan 14

Willy2025:
They are getting there. Obviously, Nasir El Rufai is the target. This is just a preamble. No wonder he has been usually silent these days. All these ones are just to build up an extreme case against him. They will go after him very soon.

How soon is very soon? He has been daring them do so since the day he left office and has indicated interest to meet them anywhere. He is also actively in opposition to Tinubu and has not realigned unlike the likes of Yahaya Bello and Ifeanyi Okowa. Make it snappy!

2 Likes

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by amaridigital(m): 7:00am On Jan 14

Gotocourt:
Ex Governor Nasir Elrufai has told Tinubu that rigging won't be tolerated ,
Emilokan, we're waiting for you at the polls 🤷🏿

What snatching of ballot boxes cannot do, ordinary malt and gala will do in Allah-igbo so rest.

1 Like

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by erniok2: 7:04am On Jan 14

Press their necks make dem vomit our yams. Monies for healthcare and education dey one person account.

Corruption cases should be firing squad cases make nonsense stop.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by yinchar(m): 7:06am On Jan 14

Pathetic to see how people are trying to defend and justify someone having N311Billion Naira

Wow just wow

Must everything be politize

3 Likes 1 Share

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by creativejagaban: 7:16am On Jan 14

SlavaUkraini:
https://www.thecable.ng/icpc-arraigns-el-rufais-associate-amadu-sule-over-n311bn-money-laundering/

Let's wait and see. You will all be surprised how the lambanus lienus fans will suddenly be defending El-rufai and the thiefs now despite the huge amount of money involved grin

These are the monies they are using to sponsor terrorism and banditry.

Remember malami, El-rufai and bala Mohammed?

Let's wait and see.

Tinubu till 2031.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Judolisco(m): 7:19am On Jan 14*

I like dis tinubu pattern Sha... U chop money but na una dey talk pass... See stomach

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by southsouthking(m): 7:25am On Jan 14

The political witch-hunt is gradually creeping in.
Why is Yahaya Bello still walking as a free man?

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Toosure70: 7:28am On Jan 14

My brother, the best man for the president is SOWORE. Both strong parties full corrupt public office holders

Dandsome:
Story for the gods.

Are you sure this is not witch hunting?

I'm yet to see where they hunting any serious current member of the ruling party that is from the north.

Or are they all innocent?

Seems truly, once you join the ruling party, your sins are washed away. Who knows

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Bluntemperor: 8:31am On Jan 14*

This is what Politicians do often,
Use their Subordinates to Acquire Illegal Money 🤑,by claiming Innocent.
Most Nigerian Politicians Are Thieves and Rogues - for they Used different Channels to Acquire Illegals things and makes Nigeria Ungovernable.
-They Lack Accountability and,
-Transparent in Resources Collected!
How is the Former Attorney General - Malami?
Did you see the case of Cloned $1 Billion Dollars 💰,that is Located to NPA Account - but why is this Account Cloned?
Why Is Malami - Involved In So Many terrible Criminal Cases and the same late Buhari had to go to Europe 🌍 on the Light 🚨/ Power Sector-For Signature that Ultravire his Subordinates -Power!
How can you be signing for your boss - when you are not given such Power.
What Cannot happened In Nigeria die not exist!
Very Shameful Situation Indeed 😢.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Hassanmaye(m): 9:04am On Jan 14

Banana Republic is over rich, do you think if we get chance we shouldn't steal, everybody stealing billions? You finish school for 10 years running up down no reliable job, to please your parents is somehow, meanwhile they steal everything and want us to be patriotic??

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Bearfruit(f): 9:27am On Jan 14

SlavaUkraini:
https://www.thecable.ng/icpc-arraigns-el-rufais-associate-amadu-sule-over-n311bn-money-laundering/

LATER SOME EMPTY BRAIN WILL SAY IS PEOPLE GIVING BIRTH THAT IS THE PROBLEM OF NIGERIA........
God will punish fools!!!!!!!

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by ayo84(m): 9:40am On Jan 14

Efcc going after the presidents political rivals, who would go after tinubus international drug money laundering cartel. Magical duplicating multiplying money technique he is using to stash money in international Swiss bank accounts. Who is going to call the president to order. He is allegedly sourcing for billions in raw cash and laundering it to foreign offshore accounts that launder money for global drug dealers. He allegedly paid the former inec chairman through a Swiss bank account to a foreign account owned by the inec chairman. I heard he is also paying governors that defect to APC to their international foreign accounts. The corruption in the international banking industry is too much. This president has made money laundering a new normal, now everyone is doing it

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Blunt99: 10:06am On Jan 14

When you see these news, remember this is how your taxes will be looted, and you can't do nothing about it but will even pay more as looting fees.

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Blunt99: 10:08am On Jan 14

In some other countries, more revenue means better living indices.

In Nigeria, more revenue means more looting avenue with zero living indices to show for it.

Taxes otilo... cheesy

Re: ICPC Arraign El-Rufai’s Associate, Amadu Sule Over ₦311 Billion Money Laundering by Nwaikpe: 11:01am On Jan 14

The most yeye agency in Nigeria

1. ICPC
2. icpc
3. IcPc

1 Reply

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